SEC Form 4 · accession 0001209191-16-114833
Genie Energy Ltd. · GNE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard S Jonas
Officer — Chairman of the Board & CEO · Director · 10% Owner
Period of report
Apr 15, 2016
Accepted (ET)
Apr 19, 2016 · 3:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001528356
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common Stock, par value $.01 per shareF1,F2 | Apr 15, 2016 | S | 263,713 | $6.32 | D | 935,703 | D | |
| Class B Common Stock, par value $.01 per shareF3 | holding | — | — | — | 308,004 | I | By Trust FBO Joseph Jonas | |
| Class B Common Stock, par value $.01 per shareF3 | holding | — | — | — | 308,004 | I | By Trust FBO Tamar Jonas | |
| Class B Common Stock, par value $.01 per shareF3 | holding | — | — | — | 308,004 | I | By Trust FBO Rachel Jonas | |
| Class B Common Stock, par value $.01 per shareF3 | holding | — | — | — | 308,004 | I | By Trust FBO Leora Jonas | |
| Class B Common Stock, par value $.01 per shareF3 | holding | — | — | — | 158,004 | I | By Trust FBO David Jonas | |
| Class B Common Stock, par value $.01 per shareF3 | holding | — | — | — | 308,004 | I | By Trust FBO Michael Jonas | |
| Class B Common Stock, par value $.01 per shareF3 | holding | — | — | — | 308,004 | I | By Trust FBO Samuel Jonas | |
| Class B Common Stock, par value $.01 per shareF3 | holding | — | — | — | 308,004 | I | By Trust FBO Jonathan Jonas | |
| Class B Common Stock, par value $.01 per shareF3 | holding | — | — | — | 308,014 | I | By Trust FBO Miriam Jonas | |
| Class B Common Stock, par value $.01 per share | holding | — | — | — | 1,556 | I | Custodial for Son (Jonathan) | |
| Class B Common Stock, par value $.01 per share | holding | — | — | — | 1,556 | I | Custodial for Daughter (Rachel) | |
| Class B Common Stock, par value $.01 per share | holding | — | — | — | 1,556 | I | Custodial for Son (Joseph) | |
| Class B Common Stock, par value $.01 per share | holding | — | — | — | 1,556 | I | Custodial for Daughter (Tamar) | |
| Class B Common Stock, par value $.01 per share | holding | — | — | — | 1,556 | I | Custodial for Daughter (Miriam) | |
| Class B Common Stock, par value $.01 per shareF4 | holding | — | — | — | 4,133,512 | I | By The Howard S. Jonas 2014 Annuity Trust | |
| Class A Common Stock, par value $.01 per share | holding | — | — | — | 1,574,326 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a private sale.
- F2Includes 300,000 restricted shares that vest on December 31, 2017 and 600,000 restricted shares that vest on December 31, 2018.
- F3These shares are held in trust for the benefit of the Reporting Person's children. The Reporting Person's spouse is the trustee of the trust. Mr. Jonas does not exercise or share investment control of these shares.
- F4Includes 600,000 restricted shares that vest on December 31, 2016 and 300,000 restricted shares that vest on December 31, 2017.